Castle Ranger

Pragmatic Misanthrope

Investing & Politics

[Castle Ranger @PalaCastle30]

@LukeGromen But isn’t this really dumb? I know Gromen is high respected but this seems a bad take. A fall in nominal prices is problematic in the current economic model because it’s the collateral base of the economy. Affordability in this context is more a purchasing power issue.

[Castle Ranger @PalaCastle30]

@Andre_Dragosch @ironeddddy I’m viewing this as a catalyst that starts a rotation…hopefully to crypto

[Castle Ranger @PalaCastle30]

@MrBeast 5,060,000 or
6,700,00 #promotion

[Castle Ranger @PalaCastle30]

@MrBeast 5,060,000

[Castle Ranger @PalaCastle30]

@GrainofSaltSF What’s your timeframe for holding MSTR?

[Castle Ranger @PalaCastle30]

@GeorgeGammon Such motivated reasoning. Explain why they have sold dozens of billions of dollars for Bitcoin? This belies your point. At the margin, their demand for USD was greater than their demand for Bitcoin this week, but only so their vehicle for demanding more Bitcoin becomes safer.

[André Dragosch, PhD⚡ @Andre_Dragosch]

Bitcoin’s value accumulation is at its highest reading since November 2022.

That was the FTX bottom.

Sentiment at all-time lows. ETF outflows at cycle records. MVRV and realised price in the bottom decile of their historical distributions.

On-chain accumulation moving in the opposite direction from all three.

Two groups. Same data. Opposite conclusions.

One is reducing exposure based on headline narrative. The other is building positions at cost-basis levels not seen since the last cycle low.

Which group has the longer time horizon and the lower cost of capital?

July 2. @Matt_Hougan, @BradleyDuke_, and I will discuss this and more in our monthly Bitcoin Macro Investor Webinar.

In front of you. That does happen only once per month. Don’t miss it.

4pm CEST / 3pm BST.

Register Now: https://t.co/n6EtnJbgFJ

#BitwiseEurope #MonthlyBitcoinMacroInvestor

* This webinar is designed only for persons with professional experience in investment matters. It is not suitable for retail investors or the general public. If you do not have such experience, please do not rely on the content of this webinar. Marketing communication, not investment advice or a personal recommendation. Cryptoassets are high-risk investments: you may lose all capital invested. No investor protection or compensation applies. Past performance is not a reliable indicator of future results.

[Castle Ranger @PalaCastle30]

@LDNCryptoClub You motherfuckers…

[Castle Ranger @PalaCastle30]

@martypartymusic The drop in oil should improve financial conditions, no?

[Castle Ranger @PalaCastle30]

@martypartymusic Would be good to get your view on the general timeframe which you’d expect the fundamentals to be reflected in price, i.e when the revaluation will mostly begin. I suspect you’ll receive a number of insults because people expect Sol to revalue over night etc etc

[Castle Ranger @PalaCastle30]

@PiusSprenger Does no one see the fallacy here? No one can raise money like Strategy…so their purchases drag up their average price more than anyone else. Ironically their current pnl is a function of their success at raising money.

[Castle Ranger @PalaCastle30]

@Giovann35084111 It’s the least attractive part of the Bitcoin world for me. It makes things seem overly ideological and near-cultish. These inaccurate framings aren’t needed, Bitcoin has enough of its own innate philosophical implications.

[Castle Ranger @PalaCastle30]

@Andre_Dragosch Great chart. How similar/overlapping is this with the Non-commercial COT report?

[Castle Ranger @PalaCastle30]

@jonaniksgiggle Has he had plastic surgery/botox?

[Castle Ranger @PalaCastle30]

@Sykodelic_ I love the correlation between Bitcoiners and being non-woke with common sense. My people…finally.

[Castle Ranger @PalaCastle30]

@ProofOfMoney One is a scarce monetary asset the other are blockchain companies. Completely different

[Castle Ranger @PalaCastle30]

@martypartymusic When does it end. We know this by now…there doesn’t seem to be an answer to this.

[Castle Ranger @PalaCastle30]

@Breedlove22 Begs the question of what intelligence is. If it’s possessing, interpreting and using information for favourable and truthful outcomes, it is actual intelligence. This presupposes people are any different. I think most people don’t think, rather respond through word association

[Castle Ranger @PalaCastle30]

@SenWarren Parasite

[Castle Ranger @PalaCastle30]

@ZackPolanski He’s literally calling out violence and extremism. The left have a warped sense of reality.